Shareholder Centre

Streamlining the business of education

The recent university funding cuts highlight the need for universities to redefine themselves as a competitive business. Tackling this structural shift will require innovative thinking and innovative technology.

The recent government announcement to cut nearly $3 billion of university funding to help pay for the Gonski school reforms shines the spotlight on universities and its need to redefine itself as a competitive business, rather than just a place for teaching and resource.

From January next year, the government will decrease the discounts offered to students who make upfront payments on HECS loans, and cap the tax concessions for educational expenses.

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